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5 Sep
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4 Sep
Revenue slides but bottom line improves in first half of year.
Revenue at domain name brokerage and parking company Sedo for the first half of 2010 was down compared to the same period last year, but earnings were up.
Sedo Holding reported (pdf) revenue of 21.9M EUR for its Sedo division in H1 2010, compared to 22.6M EUR for H1 2009. However, profit increased from 3.0M EUR to 3.3M EUR. The company’s employee base dropped from 172 to 157 between periods.
At the end of June the company had 16.7 million domain names listed for sale, up 26.5% from last year. It now has 7.3 million parked domains, up 17.7% compared H1 2009. Sedo has 1.1 million registered users as of the end of the half, up 22.2% in a year.
The company is sticking with its prediction that 2010 will be a slightly down year for its Sedo division, followed by a return to growth in 2011.
© DomainNameWire.com 2010.
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3 Sep
Jobs domain pro merges one of his companies with Recruiter.com.
Jason Davis has struck another large domain name deal by merging his RecruitingBlogs.com with Recruiter.com.
Although technically a merger, Recruiter.com’s domain name was its main contribution to the puzzle. Recruiter.com owner Ashley Saddul will join the merged entity as CTO and founder.
I first talked to Davis after he sold CEOjobs.com to Harry Joiner last year. I ran a profile about him the next day, and he talked about some of his domains including WirelessJobs.com and StartupJobs.com.
Davis and Joiner connected again later last year for an interesting domain transaction.
Among Recruiter.com’s plans are:
-Growing RecruitingBlogs.com
-Delivery of HR.net to be a major publication for HR executives (Davis owns HR.net)
-Delivery of RecruitFest, a recruiting conference in partnership with Monster Worldwide
A press release about the deal is here.
© DomainNameWire.com 2010.
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